Chapter 261 Eat the Price of Three Institutions Holding S.M Company Shares
Lotte Hotel
Private room of Mugunghwa Restaurant on the 38th floor.
Outside the floor-to-ceiling windows is the bustling Jiangnan scene. In front of a six-meter-long solid wood square table, Li Chenghao and Huang Xi sit at opposite ends.
Huang Xi handed a box containing pastries to Li Chenghao: "This is a New Year's gift specially prepared by our Culture, Sports and Tourism Department. President Li, don't dislike it."
Li Chenghao accepted the cake: "Thank you, Minister Huang. I have also prepared a gift and put it in the trunk of Minister Huang's car."
Huang Xi said there was no need to be so polite, but in his heart he was full of expectations for the gift Li Chenghao mentioned.
After the sashimi was served, Huang Xi poured a glass of sake for Li Chenghao: "As for the S.M. shares held by the National Pension Service, in fact, as long as they are willing to promote the development of Korean culture, especially leaders like CJ Entertainment and President Li Chenghao
It would be better for our Ministry of Culture, Sports and Tourism to have people from Korean culture in charge."
Li Chenghao also poured a glass of sake for Huang Xi: "I understand what Minister Huang means, so this time CJ Entertainment and Sunward Capital acquired S.M. It is also based on S.M's own overseas influence and CJ Entertainment is about to enter Hollywood. It can be said that
Join forces."
“Let’s have a drink”
Clinking glasses, Li Chenghao observed Huang Xi's expression while drinking.
After renewing the cup, Huang Xi continued: "In the cultural field, I feel reassured because of the promotion of young talents like President Li Chenghao, mainly in the sports field. At present, the popularity of the sports field overseas is too low. This is also the reason why this year's culture and sports
The Ministry of Tourism has set a target plan for important improvements.”
"What does Minister Huang mean?"
After laughing twice, Huang Xi asked Li Chenghao: "Maybe President Li knows about player Son Heung-min?"
Li Chenghao didn't have much interest in sports, but he still knew Sun Xingmin's name.
"football player"
"Son Heung-min is our country's new calling card in football after Cha Bum-geun and Park Ji-sung."
"In fact, apart from baseball, the most popular sport among young people in our country is football. In baseball, we have successfully integrated with the National Major League and have also produced some high-quality world-class players."
"But in the football field, except for Son Heung-min, it is still very difficult for other players to go to Europe to promote our country's football business card."
"China is currently in the era of financial football. For this reason, their football influence is also rapidly expanding around the world. If they had a mature youth training system and talent training and export plan, I am afraid their football strength would have surpassed ours."
"After all, many Chinese consortium owners have invested in the acquisition of overseas football clubs, including football clubs such as the European powerhouse Atletico Madrid and the traditional Italian giant AC Milan."
Li Chenghao didn't interrupt and kept listening to Huang Xi talking about football.
After hearing this, Li Chenghao already understood Huang Xi's thoughts. It was not complicated to get the shares of SM Company held by the National Pension Service. As long as Sunward Capital also acquired a football club in Europe like the Huaxia Consortium, it would help culture, sports and tourism.
Just send more young players to Europe to study and make a career.
Giving Huang Xi another glass of sake, Li Chenghao said slowly: "It is really a blessing for the sports world to have Minister Huang as the leader of the Ministry of Culture, Sports and Tourism. Regarding what Minister Huang just said, I need three days to think about it. No matter what happens after three days,
I will definitely reply to Minister Huang on time."
Huang Xi nodded lightly: "I believe President Li will give me a surprise. After all, Sunward Capital's investment in the sports circle can also expand Sunward Capital's brand influence overseas. Several groups such as Samsung and Hyundai also do the same, but they don't
I am willing to put more effort into this aspect.”
Huang Xi knew that Li Chenghao did not agree on the spot because he did not understand the sports circle and football field. As long as he collected information, he would also know that groups such as Samsung and Hyundai were investing in the sports circle. In fact, to put it bluntly, they were spending money on advertising.
But this time Huang Xi hopes that Li Chenghao will not advertise, but actually invest a large amount of money to help the Ministry of Culture, Sports and Tourism promote the growth of outstanding football players.
Afternoon
Shanhe Capital
Park Hyun-joo was switching ppts while talking to Lee Sung-ho about relevant information about the sports circle.
"For now, we can try to contact the Premier League Tottenham Hotspur Football Club. Our country's player Son Heung-min plays for this football club and can help us connect."
His index finger tapped on the table.
Li Chenghao asked: "If we complete the acquisition of a football club or invest to become a major shareholder, how will we make money?"
This is the issue he is most concerned about. Park Hyun-ju is not particularly familiar with this. He said: "Generally, it is through tickets, membership fees, TV broadcast fees, advertising, sponsorship fees, merchandise sales, transfer fees, issuance of stock lottery and operating third-party
The tertiary industry and other channels have achieved profitability.”
"But the specific operating methods need to be communicated with professionals in the industry to understand these."
"In this way, you first arrange for a manager to go to the UK with Minister Jin Zhongrong to meet player Son Heung-min. After understanding the ways to make money and the operation model, I will make an appointment with the owner of Tottenham Hotspur Football Club to negotiate."
"Understood"
three days later
Li Chenghao replied to Huang Xi, saying that Sunward Capital is ready to invest in football clubs and is currently understanding the business operation model. Li Chenghao will go to the UK to meet with the owners of Tottenham Hotspur Football Club within this month.
As Li Chenghao, he did not need to provide any guarantee. Since he had agreed to the conditions proposed by Huang Xi, Huang Xi also called the National Pension Group to issue a notice of share transfer.
Monday, January 8, 2018.
President's Office of CJ Entertainment Headquarters Building
Li Chenghao reported to Li Meijing that he had completed the equity acquisition of three institutions holding shares in S.M.
“Now only the 18% held by Lee Soo Man remains undecided?”
Li Chenghao handed the equity transfer letter to Li Meijing: "I will go to S.M. Company to sign a contract with Li Xiuman at ten o'clock, and then hold a shareholders' management meeting to announce the matter. My aunt will be responsible for publishing the news."
"You hand me the equity transfer document?"
Li Chenghao smiled and said: "A family can be placed in the hands of anyone. The investment industries currently managed by Sunward Capital are mainly overseas companies."
Putting away the equity transfer letter, Li Meijing asked Li Chenghao: "I heard that you bought the shares of the National Pension Service in exchange for investing in overseas football clubs?"
Li Chenghao said very relaxedly: "Originally, Sunward Capital had a plan to enter the sports circle, but it was just brought forward."
"You kid, CJ Entertainment may not be in your hands after I die. You have to know this."
"Auntie, what are you talking about at such a young age?"
"Don't worry, I will find a way to hand over the shares of CJ Entertainment to you. After all, this is your first career and my life's work. I don't want to hand it over to Li Shanhao."
Samseong-dong, s.m company headquarters building.
In the president's office, Jin Yingmin paced back and forth anxiously.
The planning director standing in front of the desk lowered his head: "President Nim, we have confirmed that the news is true, and Li Xiuman is on his way to the company."
"Shared democracy is really a good method. Lee Sung-ho is not an ordinary person. He actually took over the shares of three organizations in such a short period of time. When he came here to ask Bae Joo-hyun to appear in the show, I knew he would be difficult to deal with. I didn't expect that I would fall for it in the end."
It's in his hands."
"President Nim, we didn't lose to Lee Sung-ho, we lost to the republican democracy in the opposition."
"It doesn't make any difference. If you ask everyone to pack up their things, Li Chenghao should give us a decent ending."